U.S. ZIP Code · FL33040
Monroe County
Appreciation
- 1-year
- -4.0%
- 5-year / yr
- +6.1%
- 10-year / yr
- +6.0%
Relative price
- vs U.S.
- +239.8%
- vs metro
- —
- vs state
- +178.3%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 33040 is worth $965,150. Over the past year, values have fallen 4.0%. Homes here rent for a typical $3,541 a month — a 4.4% gross rental yield. The effective property tax rate is 0.5%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Monroe County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Moderate[4]
- Riverine flood
- Relatively Low
- Coastal flood
- Very High
- Wildfire
- Very Low
- Drought
- No Rating
- Heat wave
- Relatively Low
- Hurricane
- Relatively High
- Tornado
- Very Low
- Earthquake
- Very Low
- Winter weather
- No Rating
#Who lives here
#Migration
Household moves in and out of Monroe County over a year, from IRS tax-return data.
- Net migration
- -421[5]
- Moved in
- 3,351
- Moved out
- 3,772
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 14
- Elementary
- 6
- Middle
- 0
- High
- 7
KEY WEST HIGH SCHOOL
High · Grades 9–12 · MONROE
1,302 students
HORACE O'BRYANT SCHOOL
Elementary · Grades PK–8 · MONROE
994 students
GERALD ADAMS ELEMENTARY SCHOOL
Elementary · Grades PK–5 · MONROE
665 students
POINCIANA ELEMENTARY SCHOOL
Elementary · Grades PK–5 · MONROE
552 students
SIGSBEE CHARTER SCHOOL
Elementary · Grades K–8 · MONROE
545 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
Renting is meaningfully cheaper month-to-month.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 33040?
- The typical home in 33040 is worth $965,150, based on the Zillow Home Value Index.
- Are home values rising in 33040?
- Home values in 33040 are down 4.0% over the past year, and up 6.1% a year over five years.
- What is the typical rent in 33040?
- A typical home in 33040 rents for about $3,541 a month, a gross rental yield of 4.4%.
- What is the property tax rate in 33040?
- The effective property tax rate in 33040 is 0.5% — roughly $4,771 a year on a typical home.
- Who lives in 33040?
- ZIP code 33040 has a population of 35,429 and a median household income of $86,586.
Compare ZIPs
Pit ZIP 33040 against any other ZIP — full side-by-side table.
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